Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions
Mail Us support@pass4success.com
Location US
Mob_nav_barsMENU

SOFE Exam AFE Topic 1 Question 84 Discussion

Actual exam question for SOFE's AFE exam
Question #: 84
Topic #: 1
[All AFE Questions]

reserves for income tax purposes are referred to as maximum tax actuarial reserves (MTAR) and replace the actuarial liabilities used for accounting purposes in computing taxable income.

Show Suggested Answer Hide Answer
Suggested Answer: C

by Princess at Sep 07, 2024, 11:03 PM

Limited Time Offer

25%

Off

Get Premium AFE Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel
Tora
13 days ago
This question is as clear as mud. I'm going with D) None of the above and hoping for the best. Maybe I should have studied a bit more instead of watching that squirrel video last night.
upvoted 0 times
...
Alyce
21 days ago
Ah, the old 'maximum tax actuarial reserves' trick! I bet the answer is C) Standardized-related act. Gotta love these insurance exam questions.
upvoted 0 times
...
Bok
27 days ago
Hmm, I'm not sure about this one. D) None of the above sounds tempting, but I'll have to think it through a bit more.
upvoted 0 times
...
Josefa
1 months ago
I'm pretty sure it's B) Policy-related. That makes the most sense to me based on the description.
upvoted 0 times
Tess
18 days ago
I agree, it seems more like B) Policy-related to me.
upvoted 0 times
...
Rochell
21 days ago
I think it's A) Procedure-related.
upvoted 0 times
...
...
Arlen
2 months ago
Well, I think the rationale behind A) Procedure-related is that it involves the process of calculating reserves for income tax purposes.
upvoted 0 times
...
Jenelle
2 months ago
I disagree, I believe the answer is B) Policy-related.
upvoted 0 times
...
Arlen
2 months ago
I think the answer is A) Procedure-related.
upvoted 0 times
...

Save Cancel